On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Pacific Software Inc. (PFSF) Pursuing Global Trade Expansion via Multilingual B2B E-Commerce Portal

  • Launch of multilingual, cross-border, Brazil-China e-commerce trade platform BOAPIN expected in first quarter of 2019
  • Exclusive agreement signed with Brazilian Trade Organization, whose 7,500 members may enlist as paid subscribers to BOAPIN platform
  • Pacific Software’s strategic IBM working relationship leverages industry-leading Hyperledger blockchain technology and applications

Pacific Software Inc. (OTC: PFSF), an emerging business development technology innovator, is closing in on the launch date of BOAPIN, the company’s proprietary e-commerce platform designed to improve product traceability and deliver much-needed cross-border trade solutions to global subscribers. Pacific Software anticipates that its new blockchain-based trade platform will be able to register new buyers and sellers within the first quarter of 2019, according to a news release (http://ccw.fm/vyO3l).

The platform caters to the evolving needs of an international economy with features such as product certification, marketing, logistics, a commodities search/match interface, trade finance and customs clearance, multilingual communications and cross-border payment solutions. BOAPIN is being developed as a digital, blockchain-supported e-commerce website that will initially link Brazilian agricultural suppliers to China.

“As global economies explore strategies to improve cross-border data infrastructure, Pacific Software is creating smart contract technology that integrates important functionalities for seamless global supply chain management,” Pacific Software CEO and Chairman Harrysen Mittler stated in the release.

BOAPIN is described as an essential element of a new partnership that Pacific Software has signed with China and FIERO, a leading Brazilian trade association focused on developing and promoting the economy of Rondônia, a regional state within Brazil (http://ccw.fm/L6rgd). More than 7,500 FIERO members will soon be able to subscribe to BOAPIN and take advantage of the platform in a bid to expand their sales territory and ensure trade sustainability.

BOAPIN’s inner strength lies in its use of IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure. The platform tracks, records and stores digital product information by integrating blockchain components that are accessible via a variety of channels linked into the Internet of Things (IoT). By linking to the IoT, the platform is expected to be able to gather valuable product data and make complex supply chains more manageable and safer for all (http://ccw.fm/T45o5).

It’s not uncommon nowadays for the public to be notified of a product recall. IBM notes that the use of blockchain technology can reduce the cost of the average product recall by up to 80 percent, according to an article published by Forbes (http://ccw.fm/9qYZu). IBM’s Food Trust system uses blockchain to connect participants through a transparent, permanent and shared record of food origin details, processing data, shipping details and more. This is vital, as food fraud costs the global food industry between $10 billion and $15 billion annually, according to the article.

In an annual shareholder letter issued on January 31, Mittler said that, in 2018, Pacific Software achieved its goal of creating a cross-border e-commerce trade platform, and he expects the company to maintain an aggressive pace as it seeks to further expand into the commercial markets of Brazil and China (http://ccw.fm/UqrU9).

For more information, visit the company’s website at www.PacificSoftwareInc.com

NOTE TO INVESTORS: The latest news and updates relating to PFSF are available in the company’s newsroom at http://ccw.fm/PFSF

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

Share This Page

Archives

Select A Month

Official NewsWire Relationships

Blockchain Shift Bacelona Blockchain Summit Coinvention CryptoBlockCon EVOLV - evolve.events Finovate HODL Rally The North American Bitcoin Conference World Crypto Conference

Contact us: 212.994.9818